adb: ADB pledges $25 billion for India’s infra, social and green needs

The Asian Development Bank (ADB) Tuesday committed up to $25 billion for the next five years to fund India’s infrastructure creation under the PM Gati Shakti initiative as well as social development and climate action to help the country meet its priority development needs. In his meeting with PM Narendra Modi, ADB president Masatsugu Asakawa … Read more

Petrol, diesel prices today: Check latest fuel prices rates in Delhi, Bengaluru, Mumbai, Chennai and Noida

232921 petrol 4 | journalpur

Petrol, Diesel Price Today: Fuel prices remained unchanged on March 21, Monday across all the metro cities. Oil marketing companies revised petrol and diesel prices at 6 AM daily.  The last change in country-wide fluctuation in fuel prices was witnessed in May 2022 when the Centre cut the excise duty on petrol by Rs 8 per … Read more

global economy: Uncertainties cloud global economy, G20 nations must resolutely address challenges, says RBI Guv

1679129948 photo | journalpur

Bengaluru: The global economic outlook has improved in recent months, but uncertainties still remain, RBI Governor Shaktikanta Das said on Friday as he called upon G20 nations to resolutely address the challenges, including debt distress and threats to financial stability, confronting world economies. Addressing the inaugural session of the meeting of G20 finance ministers and … Read more

sitharaman: Sitharaman highlights rising debt vulnerabilities in developing countries at G20, seeks multilateral coordination

1679129934 photo | journalpur

Finance Minister Nirmala Sitharaman on Friday highlighted rising debt vulnerabilities in many developing countries and sought views from G20 member nations on ‘multilateral coordination’ for managing the burden. Speaking at inaugural session of the G20 finance ministers and central bank governors (FMCBG) meeting, Sitharaman also sought views on how multilateral development banks, like the IMF … Read more

Currency in circulation at Rs 31.22 lakh crore as of March 2022

1679129860 photo | journalpur

The currency in circulation has gone up to Rs 31.33 lakh crore in March 2022, from Rs 13 lakh crore in 2014, finance minister Nirmala Sitharaman said in the Lok Sabha on Monday. The currency in circulation, which includes bank notes and coins, to GDP ratio stood at 13.7 per cent as on March 25, … Read more

LIC’s debt exposure in Adani group companies dips marginally to Rs 6,183 crore as of March 5

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LIC’s debt exposure in Adani group companies fell marginally to Rs 6,183 crore as of March 5 from Rs 6,347 crore as of December 31, 2022, Parliament was informed on Monday. In a written reply to the Lok Sabha, Finance Minister Nirmala Sitharaman said, “The Life Insurance Corporation of India (LIC) has informed that its … Read more

Nirmala Sitharaman: Finance Minister Nirmala Sitharaman Says Indian Rupee Strong Against All Currencies

1672631989 photo | journalpur

Finance Minister Nirmala Sitharaman praised the Indian rupee on Monday, saying it has been strong against all currencies. The minister’s statement came during the parliamentary session on Monday. “The Reserve Bank of India (RBI) has used the foreign exchange reserves it has to intervene in the market to make sure the dollar-rupee fluctuation is not … Read more

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